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26/03/17

15:43

Post #: 23632257
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Originally posted by ElonMusk16 ↑

Will the crude oil glut (still true), sending prices at the pump to an all time low (in about 6 months & stay at low levels for at least 12 months), affect the LITHIUM market...(lithium prices have been rising despite low oil prices but higher oil prices would help)
No OPEC producers are willing to cut production just yet (false - 90% met commitments) & neither are any other crude producing nations (false - Russia), especially the U.S with Trump at the helm.. ??? - do you mean Trumps goal of America energy independent? (US shale producers limit price rises - wells come on to test price level/cap prices)
I'm well aware that the transport industry isn't the only sector where LITHIUM will be used, but seems to be the biggest future user, hence my question...would like to hear some insight on this...thanks...
Lithium market is moving on its own fundamentals - China incentives, pollution & regulations, Tesla technology and leadership, and stationary storage/transportation.

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ok so you source all your data from Main Stream Media....any other opinions out there...

PLS Price at posting: 45.5¢ Sentiment: Buy Disclosure: Held
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